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Lithium battery materials surge across the board! Increased production drives sector rally
The lithium battery materials sector continues to strengthen, with lithium ore, electrolytes, and separators all actively trading. Rongjie Shares hit the daily limit for three consecutive days, while Cangzhou Mingzhu, Shida Shenghua, Lidao New Materials, and Dadongnan all hit the daily limit. Haike Xinyuan and Hongyuan Pharmaceutical rose over 10%.
According to Xinluo Information, in March, domestic battery sample companies saw a 21.93% month-on-month increase in production. Cathodes, anodes, separators, and electrolytes all experienced month-on-month growth, with cathodes and electrolytes leading the growth. Institutions expect that in April, battery production will continue to increase significantly month-on-month, and industry prosperity will continue to rebound.